A new edition of this revealing and incisive account of the incredible inside workings of hedge funds. Shedding light on the incredible inside workings of hedge funds, this book charts the interminable rise of Holte Capital from 2002 to 2008, explaining what it was like to run a hedge fund in a period where the industry went from relative obscurity to something everyone wanted to discuss.
The book is entertaining, informative, and easy to read thanks to the author's self-deprecating, down-to-earth and lucid writing style. Lars Kroijer applies a birth-to-death of business narrative account and thankfully manages to find the right balance between providing anecdotes which inform on the culture, value chain, overall economics and societal value of the industry.
FT Advisor
Lars Kroijer was the CEO of Holte Capital Ltd, a London-based special situations hedge fund which he founded in 2002 before returning external capital in the spring of 2008. Prior to establishing Holte Capital, Lars served in the London office of HBK Investments. In addition, he previously worked at SC Fundamental and the investment banking division of Lazard Freres in New York. Lars graduated Magna Cum Laude from Harvard University and received a MBA from Harvard Business School.
Acknowledgements
About the second edition
Introduction
Part 1 Getting ready for Holte Capital
1 Becoming a hedgie
2 Taking the plunge
3 Starting a hedge fund
4 On the road
5 Limping to launch
Part 2 Becoming the real deal
6 Mickey Mouse fund
7 Breaking through
8 Scaling up and meeting the Godfather
9 The real deal
10 Being corporate
11 Activist investor
12 A day in the life
Part 3 On the front line
13 Getting fully examined
14 Blood in the streets
15 Edge
16 Made it?
17 Friends and competition
18 Making your commissions count
19 Are we worth it?
Part 4 The fast road down
20 Feeling grim
21 A bad day
22 A bad run
23 Going home
24 Rethinking Holte Capital
Beyond hedge funds - por
